Bitcoin’s recent surge shows the power of celebrity and how, like it or not, influencers create value in the modern economy.
President Biden needs to reform the global financial system and avoid a 1930s-style depression. Digital currencies can help.
Bitcoin may not be “digital gold” just yet. But with institutions accepting the business case and the price rising, it’s well on the way.
The success of a store-of-value asset, like bitcoin or gold, isn’t just a matter of durability, fungibility or scarcity. It’s about whether people believe in it.
Short-sellers help identify weaknesses in capital markets. Bitcoin helps us see what’s wrong with the financial system.
China’s moves on digital currency have potential to rock the global economy. The U.S. risks getting left behind, like Kodak.
The latest column from CoinDesk’s chief content officer features big ideas for rethinking government in the internet age.
Next to the frightening creatures of the legacy financial system, bitcoin is the normal, wholesome outlier, like the niece from TV’s “The Munsters.”
Laws like the Bank Secrecy Act, which turns 50 this week, have helped stop money laundering and terrorism. But KYC and AML requirements have served to harm the world’s neediest through higher costs and reduced services.
In an age when data leads to economic domination, shifting control is a really impactful way to empower individuals.